Today after the bell, Zoom reported its Q4 earnings. The company’s recorded revenue of $188.3 million…
Category: Finance
Financial Health, Fintech, Investment, Payments
Here’s what happened to the stock market on Wednesday
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Dow…
Oyo layoffs, Airbnb’s delayed IPO and the long-term quandary of investing in travel startups
It’s the best and worst of times for travel startups. Massive growth over the past few…
Wall Street’s Biden ‘relief rally’? Stocks rebound on Super Tuesday results
Former Vice President Joe Biden, 2020 Democratic presidential candidate, smiles during an primary night rally in…
It may get harder for consumers to tell how some financial advisors get paid
Thomas Barwick The group that oversees certified financial planners is making it tougher for consumers looking…
Quibi closes on $750 million as its date with destiny approaches
With just over one month to go until its official launch date, the short-form, subscription streaming…
How to protect your college savings as the stock market gyrates
Nuthawut Somsuk With the stock market tumbling amid the coronavirus outbreak, you might be worried about…
Bookshlf launches an app to curate and share your favorite digital content
Bookshlf has created a new way for people to recommend media — whether it’s music, videos,…
Netlify nabs $53M Series C as micro services approach to web development grows
Netlify, the startup that wants to kill the web server and change the way developers build…
‘Politics doesn’t enter the room,’ Fed’s Mester says after Trump tweets
Loretta Mester, president and chief executive officer of the Federal Reserve Bank of Cleveland. Michael Nagle…
Stocks making the biggest moves premarket: Oracle, Nordstrom, Chipotle, Morgan Stanley & more
Check out the companies making headlines before the bell Wednesday: Amazon (AMZN) — An employee in Amazon’s…
Coronavirus will likely deliver a short-term economic shock to the US, Canaccord strategist warns
Canaccord Genuity’s Tony Dwyer warns that recession odds are growing. Dwyer sees the coronavirus outbreak putting…
Chinese payments giant Ant Financial buys a stake in Swedish fintech start-up Klarna
Klarna CEO Sebastian Siemiatkowski attends the launch of the online payment start-up’s pop-up store in London.…
Emergency Fed rate cut helps China with longer-term currency goals
A man wearing a mask walks past the headquarters of the People’s Bank of China, the…
Mavenoid raises $8M Series A to apply AI to technical product support
Mavenoid, a startup founded in Stockholm that helps companies scale tech-focused product support via an AI-powered…
Elon Musk defends Twitter CEO Jack Dorsey as activist investor seeks to oust him
Elon Musk speaks onstage during the E3 conference in Los Angeles on June 13, 2019. Charley…
Co-living European startup Colonies raises $34M
French startup Colonies has raised a $34 million funding round (€30 million). In addition to that,…
Robinhood offers $15 discount, blames outage on record trades
It wasn’t the leap year, a coding blip, or a hack that caused Robinhood’s massive outages…
Five, the self-driving startup, raises $41M and pivots into B2B, away from building its own fleet
We are still years away from a time when fully-autonomous cars will be able to drive…
$75M legal startup Atrium shuts down, lays off 100
Justin Kan’s hybrid legal software and law firm startup Atrium is shutting down today after failing…